Settings8H · net · $10k
Funding arb · Price arb /

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Orderly against SoDEX+0.058%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.058% dearer against SoDEX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX EWY-USD189.940.0050pay 0.0006% / 1h50m 59s$784$3K10x
ShortOrderly PERP_EWY_USDC_mythos190.050.0100get 0.0100% / 8h7h 50m$2K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against SoDEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$10.5
Price spread: +0.058% → 0.000%
$5.79
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$2.29
Costs to cover
0.140%
Break-even
5.5 days
Slippage unknown: SoDEX: no order-book sample; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell Orderly no order-book sample
SoDEX and Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EWY on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EWY_USDT0.0000%8h189.96+0.011%$4.1M$3.2M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.940.000%$752K$389K10xas long as short
SunX EWY-USDT0.0000%8h189.89−0.026%$2.7M20xas long as short
HTX EWY-USDT0.0000%8h189.87−0.037%$37K$8K20xas long as short
Phemex EWYUSDT0.0000%8h189.93−0.005%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.90−0.021%$379K$54K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.03+0.047%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.93−0.005%$196K$143K20xas long as short
Entropy io:EWY+0.0050%1h189.78−0.084%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.81−0.068%$4K$10920xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX EWY-USDlong+0.0050%1h189.94long leg$784$3K10x
Ondo Perps EWY-USD.P+0.0050%1h189.76−0.095%$242K$215K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0066%1h190.02+0.042%$2K$13K20xas long as short
KuCoin EWYUSDTM+0.0100%8h189.89−0.026%$977K$679K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.79−0.079%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythosshort+0.0100%8h190.05+0.058%$2K$1K20x
Paradex EWY-USD-PERP+0.0108%8h190.00+0.033%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.78−0.084%$530K$338K20xas long as short
Bybit EWYUSDT+0.0147%8h189.93−0.005%$5.3M$4.2M100xas long as short
tradeXYZ xyz:EWY+0.0180%1h189.83−0.058%$6.4M$14.8M20xas long as short
Bitget EWYUSDT+0.0250%8h189.86−0.042%$2.7M$1.6M20xas long as short
OKX EWY-USDT-SWAP+0.0336%8h189.91−0.016%$4.1M$3.6M50xas long as short
Hotstuff EWY-PERP+0.0456%1h189.86−0.042%$28K$12K20xas long as short
Aster EWYUSDT+0.0557%8h190.03+0.049%$295K$12K20xas long as short
edgeX EWYUSDC+0.0602%4h189.90−0.021%$426K$282K20xas long as short
Variational Omni EWY+0.0654%8h189.97+0.013%$1.2M$1.3Mas long as short
Binance EWYUSDT+0.0686%8h189.88−0.031%$28.6M$79.1M50xas long as short
Extended EWY_24_5-USD+0.0688%1h189.97+0.014%$303K$434K10xas long as short
MEXC EWY_USDT+0.0688%8h189.93−0.005%$7.4M$4.4M100xas long as short
BloFin EWY-USDT+0.0692%8h189.93−0.005%$47K$214K50xas long as short